FreeholdRCRDistrict 12 (Novena)

Balestier 288

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2023 (URA)
Quick Summary

Balestier 288 is a freehold apartment in District 12 (Novena) that obtained TOP in 2004, with 11 units across 1 block. Across 23 transactions on record, units have recently transacted around S$750k (S$814 psf, ~1,216 sqft).

Key facts about Balestier 288
TenureFreehold
TOP year2004
DeveloperCITY DEVELOPMENTS LTD
Units11 in 1 block
District and areaDistrict 12 · Novena · RCR
Latest median psfS$814 psf, last 12 URA caveats to May 2023
1

What's for sale and for rent at Balestier 288?

Key Takeaway

No units at Balestier 288 are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

What are the floor plans and unit sizes at Balestier 288?

Key Takeaway

Floor plans for Balestier 288 aren't in PropKaki's library yet. Across 23 URA caveats, units range from 624 sqft to 1,948 sqft, and the middle half are 624 sqft to 1,216 sqft.

3

What is the price and PSF at Balestier 288?

Key Takeaway

Units have recently transacted around S$750k (S$814 psf), at a gross rental yield of about 4.0% (URA caveat data).

Recent median price

S$750k

recent · 23 sales on record

Median PSF

S$814 psf

recent transactions

Median rent (monthly)

S$2,511

36 rentals on record

Gross rental yield

4.0%

indicative, gross

Source: URA caveat data, through May 2023.

4

What has recently sold at Balestier 288?

Key Takeaway

Balestier 288 has 23 recorded sales; the most recent transacted at S$1,450,000 in May 2023 (URA caveat data).

DatePriceSize (sqft)PSF
May 2023S$1,450,0001,216S$1,192 psf
Mar 2022S$1,300,0001,216S$1,069 psf
Jun 2021S$705,000624S$1,129 psf
Feb 2018S$1,170,0001,216S$962 psf
Apr 2012S$608,000624S$974 psf
Sept 2011S$990,0001,216S$814 psf
Sept 2010S$610,000624S$977 psf
Oct 2009S$750,0001,216S$617 psf
Sept 2007S$460,000624S$737 psf
Jun 2007S$755,9991,216S$622 psf
Nov 2006S$768,0001,873S$410 psf
Jul 2006S$386,000624S$618 psf

23 sales and 36 rentals on record since Dec 2003. Source: URA.

5

Are prices at Balestier 288 rising?

Key Takeaway

The median transacted PSF at Balestier 288 has risen 8% over the past 3 years (20042007), from S$577 psf to S$622 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2007S$622 psfS$460k2+51.7%
2006S$410 psfS$386k2-7.7%
2005S$444 psfS$385k2-23.1%
2004S$577 psfS$363k8

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Balestier 288 a good investment?

Key Takeaway

Of 11 units at Balestier 288 that were bought and later resold (bought from 2004, resold up to 2023), 100% sold for more than they were bought for, with a median gain of 33% over a median 4.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 4.0%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

100%

of 11 resales here

Median gain

33%

gross, before costs

Median hold

4.1 years

bought to resold

Every unit at Balestier 288 with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Balestier 288 and what's nearby?

Key Takeaway

Balestier 288 is located in Novena, in the Central Region of Singapore.

Balestier 288 is a freehold apartment completed in 2004. It was developed by CITY DEVELOPMENTS LTD. The development has 11 residential units. It sits on a land area of 73 sqm and has a gross floor area of 220 sqm. The plot ratio is 3.0.

BALESTIER 288 is located at 288 Balestier Road, Singapore 329731. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Novena MRT Exit A, approximately 960m away, around 15 minutes on foot. Nearby amenities include Square 2 for shopping, SEMPER FIDELIS FINE FOODS PRIVATE LIMITED for groceries, Blks 91/92 Whampoa Drive # for food options, and Pek Kio Park for greenery and recreation. Facilities in the development include Basement car park and 24 hours security.

8

How far is Balestier 288 from MRT and schools?

Key Takeaway

4 schools are within 1 km, including 2 primary schools.

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Northlight SchoolSecondary schoolwithin 1 km541 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority552 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km925 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority991 m
  • Farrer Park Primary SchoolPrimary school1.2 km
  • Bendemeer Primary SchoolPrimary school1.4 km
  • Chij Secondary (Toa Payoh)Secondary school1.5 km
  • Pei Chun Public SchoolPrimary school1.6 km

Shops, food & parks

Mall: Square 2 · 995 mSupermarket: Semper Fidelis Fine Foods Private Limited · 103 mHawker centre: Blks 91/92 Whampoa Drive # · 147 mPark: Pek Kio Park · 831 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Balestier 288 and how big is the development?

Key Takeaway

Balestier 288 was developed by CITY DEVELOPMENTS LTD, with 11 units.

Developer
CITY DEVELOPMENTS LTD
Blocks
1
Land area
73 sqm (786 sqft)
Gross floor area
220 sqm (2,368 sqft)
Plot ratio
3.00
10

What facilities does Balestier 288 have?

Key Takeaway

Balestier 288 has 2 facilities, including Basement car park, 24 hours security.

Basement car park24 hours security
11

What does it cost to own a unit at Balestier 288?

Key Takeaway

Buying a unit at Balestier 288 (~S$750k) needs about S$5,490/mo in income and S$2,526/mo in repayments, after S$17,100 stamp duty and a S$188k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$750k) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$17,100

BSD, tiered

Downpayment (25%)

S$188k

cash + CPF

Monthly instalment

S$2,526/mo

30y @ 3.5%

Income required

S$5,490/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Balestier 288?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Balestier 288 sits — in the last 12 months, across all property types.

Active agents · 12mo

6,318

District 12 · closed ≥1 deal

Deals on record

24,291

all-time · all property types

Source: CEA public transaction records, attributed to District 12 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Balestier 288? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Balestier 288's own transactions.

PropKaki
Is Balestier 288 a good buy, and what are units selling for?

Recent units at Balestier 288 sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Balestier 288

Is Balestier 288 freehold?

Yes. Balestier 288 is freehold, so ownership does not run out.

How old is Balestier 288?

Balestier 288 was completed (obtained TOP) in 2004, so it is about 22 years old.

Is Balestier 288 a good investment?

Of 11 units at Balestier 288 that were bought and later resold (bought from 2004, resold up to 2023), 100% sold for more than they were bought for, with a median gain of 33% over a median 4.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 4.0%. Past resale results don't predict future returns, and this is not financial advice.

Is Balestier 288 an EC?

No. Balestier 288 is a private apartment development, not an executive condominium (EC).

Who is the developer of Balestier 288?

Balestier 288 was developed by CITY DEVELOPMENTS LTD.

What is the price of a condo at Balestier 288?

Units at Balestier 288 have recently sold for around S$750k (S$814 psf), the median of the last 12 URA caveats to May 2023. The price depends on size, floor and facing.

Where is Balestier 288 located?

Balestier 288 is at 288 Balestier Road, Singapore 329731, in Novena (District 12).

How many units are there in Balestier 288?

Balestier 288 has 11 units in 1 block.

How much do I need to earn to buy at Balestier 288?

For a unit around S$750k as a first home, you'd need roughly S$5,490/mo in income (assessed at the stress-test rate), with repayments near S$2,526/mo after a S$188k (25%) downpayment and S$17,100 Buyer's Stamp Duty.

Are prices at Balestier 288 going up?

The median price per square foot at Balestier 288 has risen about 8% between 2004 and 2007, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Balestier 288?

Hong Wen School, St. Joseph's Institution Junior are within 1 km of Balestier 288. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.